Retirement News & Analysis

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Trying to decide how to finance a home is always difficult. When you have multiple investment accounts as an option, it becomes even more troublesome, especially when the house is in the neighborhood of $3M. Throw […]

The post I already have almost $2 million saved for retirement – should I still max out my employer-offered 401k? appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Carl Icahn is a successful businessman and investor. If you’re in your 70s, you can reference Icahn’s quotes as you near or settle into retirement. Also: Take this quiz to see if you’re […]

The post 6 Carl Icahn Quotes Every 70-Year-Old Needs to Hear appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Reddit is a treasure trove of real-life stories, and one post recently caught my attention. The 41-year-old poster shared how his family had recently undergone a serious lifestyle change, leaving behind high-powered jobs and […]

The post We banked $4 million in retirement and moved to another country in our early 40s – are we set up to really never work again? appeared first on 24/7 Wall St..

401-K plans are a form of deferred-tax retirement account that allows for employees to divert a portion of their salary for retirement savings. Employers can match part of the contribution as a job benefit. None of the contributed funds or their investment gains are subject to taxes until they are withdrawn. That said, the rules […]

The post These Are The Most Important Withdrawal Rules For Your 401(K) appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The quiet hours of the night can often bring reflection for anyone. No matter what stage of life we’re in, sleepless nights are the worst. And for those baby boomers worried about retirement, thoughts […]

The post 3 Things That Might Keep Baby Boomers Up At Night appeared first on 24/7 Wall St..

The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here’s why you should take advantage.

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

“She can invest aggressively, as she has over two decades to see her principal grow.”

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The r/ChubbyFIRE community is full of interesting financial discussions, especially when it comes to retirement accounts. One Reddit user, 35 years old with $2.4 million in taxable investments and $120,000 in a 401(k), posed […]

The post I’m in my 30s with $2.4 million in my brokerage account but only $120k in my employer 401(k)- what should I do with this account? appeared first on 24/7 Wall St..

As the calendar turns toward 2025, a significant change is on the horizon for those looking to update their retirement planning documents. The Internal Revenue Service (IRS) has announced updates to IRA contribution limits, and these changes will certainly affect all investors. Those younger investors who are looking to load up their 401(k) plans and […]

The post IRA Limits Are Changing: What These Mean for Baby Boomers appeared first on 24/7 Wall St..

Many in Gen X are caring for kids and parents, with those in dual caregiver roles reporting higher levels of financial stress and difficulty saving.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A 401(k) plan will help you build up savings for retirement. Pay off any high-interest debt before investing in a 401(k). Always make sure you have an emergency fund available. Also: Are […]

The post Here’s When You Should (And Shouldn’t) Max Your 401(K) appeared first on 24/7 Wall St..

Planning and proper documentation is required if your wishes are to be carried out

Retirement account balances fell from record highs, according to Fidelity's quarterly analysis released Friday.

Many funds hold stakes in MicroStrategy, which behaves like Bitcoin’s wilder cousin. This may not be what you want in your retirement portfolio, our columnist says.

You may be able to get paid for family caregiving in retirement — but it won’t be easy.

Wall Street is hitting new record highs on a regular basis these days—and that’s making a strong case for people to invest in their retirement plans. A new report from Fidelity finds that the number of 401(k) accounts that are worth $1 million or more…

Intel appears to be treading in the middle of the road on a thin wafer line and investors could be better off if they trade with caution.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Retirement planning is a process. It’s very rare that a retirement plan will last all the way through retirement. You must constantly readjust! Recently, I came across this very concept in a Reddit post. The […]

The post I’m turning 50 this year and am realizing the $10 million is not enough to retire – how I need to adjust my portfolio? appeared first on 24/7 Wall St..

Economist Alicia Munnell spoke to MarketWatch about the retirement “crisis” and her biggest financial regrets.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Retirement doesn’t have to mean the end of work—it can be a chance to find fulfilling opportunities that bring purpose and a little bit of extra income. For many, working during retirement is just […]

The post The 7 Best Retirement Jobs You’ll Actually Enjoy appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A 401(k) loan might seem like an easy fix if you need cash. However, it isn’t a decision we typically recommend. Borrowing from your retirement savings can have a huge impact on your long-term financial health. […]

The post Don’t Take a 401(K) Loan Before Understanding These 5 Factors appeared first on 24/7 Wall St..

The e-commerce company named Charles Baker as its next CFO, effective Jan. 1. He succeeds Rachel Glaser, whose retirement was announced in late July.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Managing Social Security benefits can be complicated, especially if you decide to retire in the middle of the year. And, let’s be honest, most retirees will not retire right on January 1st! If this describes you, […]

The post Social Security’s First Year Retirement Rule Explained appeared first on 24/7 Wall St..

“I’m 52 years old and I don’t plan on drawing from my IRA until my required minimum distribution.”

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Planning for retirement requires doing a bit of math. We’ll do just that in this article with an example couple. For anyone wanting to retire early, it’s important to […]

The post We just turned 40 years old and bring in $300k per year as a household – can we even dream of retiring in 15 years? appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Many baby boomers cannot afford their dream retirement in today’s economic climate. Baby boomers are slowly unretiring to make part-time income. Some baby boomers sacrifice retirement savings to help grown children or […]

The post Baby Boomers Can’t Afford Their Dream Retirement appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Many experts believe that 401(k) plans remain among the best savings tools for those looking to supplement their social security in retirement. That’s mostly because as society has shifted away from things like company-sponsored […]

The post The Biggest Red Flags Lurking in Americans’ 401(k) Plans appeared first on 24/7 Wall St..

The probes focus on Next Level Holdings and Yield Wealth, which offered investors the promise of double-digit returns.

Baby Boomers who learned about finance from the 1960s-1980s developed their notions about financial risk, stocks, and bonds during the past WWII era: The Eisenhower, Kennedy, Johnson, Nixon, Ford, Carter, and Regan years. During that era, the US, the only country to have not suffered from any battle or carnage on its soil, led the […]

The post The Common IRA Mistake That Could Sabotage Your Retirement Plans appeared first on 24/7 Wall St..

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. Saving for retirement is easiest when you save a little at a time. If you’re behind on saving for retirement, it’s important to increase the amount of money you […]

The post If you make $400k per year, this is how much you should already have banked by age 35 appeared first on 24/7 Wall St..

Set boundaries and encourage responsibility for your kids, and consider making catch-up contributions in your 401(k)s and IRAs.